PrepayWay co-founder Frank Emmert introduces two innovations and explains how PrepayWay will revolutionize real estate transactions.
The first innovation concerns legal area and will enhance transparency. Templates of typical real estate contracts from different countries, similar yet country-specific, will be translated into multiple languages, uploaded online, and secured on the blockchain.
The second innovation is aimed at improving security. Built-in smart contract arbitration system will bring quality, efficiency, and enforceability of dispute resolution to a new level.